At … Foster is suing LaVar Ball for allegedly embezzling over … Tyler Kaufman/Associated Press Big Baller Brand co-founder Alan Foster said Friday that New Orleans Pelicans guard Lonzo Ball has torn ligaments in his ankle. Los Angeles Lakers guard Lonzo Ball is suing a former co-founder and manager of his Big Baller Brand, Alan Foster, for an alleged multi-million dollar embezzlement scheme… According to legal documents obtained by The Blast, Foster alleges that LaVar Ball embezzled more than $2.6 million from Big Baller Brand … Los Angeles Lakers player Lonzo Ball is suing Alan Foster, a long time family friend, and co-founder of the Big Baller Brand. Lonzo Ball appeared on HBO's The Shop and spoke about Alan Foster, a family friend and a co-founder of Big Baller Brand who Ball is suing for fraud, claiming that Foster stole $1.5 million from him. Foster and LaVar Ball soon hit it off as well. Lonzo Ball and LaVar Ball have been countersued by former business partner Alan Foster on allegations of fraudulent concealment and breach of contract. send. As we reported, NBA star Lonzo Ball, sued the same ex-partner Alan Foster for similar allegations saying he took money out of the companies accounts. . Lakers guard Lonzo Ball and Big Baller Brand are suing company co-founder Alan Foster, accusing him of fraud and improperly taking $1.5 million from company accounts to use for his own ends. Alan Foster Co Founder of Big Baller Brand Launches his Official YouTube Channel. During the summer Lonzo Ball severed ties with longtime family friend and Big Baller Brand co-founder Alan Foster after Lonzo accused him of stealing $1.5 million that went unaccounted for. Lonzo Ball has taken decisive action ever since family friend and Big Baller Brand founder Alan Foster was accused of stealing $2 million from him. Lonzo Ball has filed a lawsuit against Big Baller Brand co-founder Alan Foster for allegedly utilizing a “fraudulent scheme” to take money from the company, according to TMZ Sports. email. Lakers point guard Lonzo Ball has reportedly severed ties with longtime friend and Big Baller apparel co-founder Alan Foster after over a million dollar has gone missing from his personal and business accounts. Ball alleges that Alan Foster 'conspired to embezzle millions of dollars and then divert those funds for his personal use, including to acquire assets in Ethiopia' ... Lonzo Ball… Via ESPN Los Angeles Lakers guard Lonzo Ball has severed ties with a co-founder of Big Baller Brand over concerns that the longtime family friend […] It was last month when the world first learned that Ball would be splitting with Alan Foster, the co … Related: Lonzo Ball Confronts Girlfriend About ‘Deadbeat’ Jab. share. … Lonzo Ball filed a lawsuit on Tuesdayagainst Big Baller Brand co-founder and LaVar Ball’s longtime friend, Alan Foster, seeking $2 million to be paid back for Foster’s alleged embezzlement scheme. Or, is Alan’s shady past a distraction from the truth? Alan Foster Steals From Lonzo and Lavar. "I've known him since I was 12," Ball said, describing how betrayed he felt by Foster. How Foster was allowed access to not only Big Baller Brand accounts and assets but Lonzo Ball’s personal and Business accounts as well. in Sports. Lonzo Anderson Ball (born October 27, 1997) is an American professional basketball player for the New Orleans Pelicans of the National Basketball Association (NBA). Foster claims Lonzo … share. Lonzo Ball discussed how having a daughter made him realize he has to take more control of his career off the court. LaVar Ball and the Ball family have already cut ties with former business manager Alan Foster after $1.5 million went missing, with Big Baller Brand majority owner Lonzo Ball also filing a lawsuit against the ex-family friend.Now, the FBI is getting involved in the case. Ball’s lawsuit comes hot on the heels after an ESPN report revealed that Ball was missing $1.5 million from his personal and business accounts. Foster is alleged to have stolen … Lonzo is claiming that he conned and swindled the BBB for more than $1.5 million dollars. He had just signed a 3-year 22 million dollar deal with the Lakers when BBB started. Alan Foster Lonzo Ball. Lonzo Ball Discussed The Alan Foster … The news of Alan Foster’s alleged fraud that might have cost the Balls $1.5 million has led to an FBI investigation, a lawsuit, the family’s Big Baller Brand going … Post to Facebook… Ball confirms departure from Big Baller Brand; Lonzo, LaMelo and Big Baller Brand ESPN’s Ramona Shelburne reported Friday that Lonzo Ball cut ties with Foster after the financial adviser couldn’t account for $1.5 million while completing the brand’s taxes. Launched in 2016 by Alan Foster and LaVar Ball, it has most notably produced signature shoes for the Ball brothers—basketball players Lonzo Ball, LaMelo Ball, and LiAngelo Ball. LaVar And Lonzo Ball Seem To Have Horribly Staged Their Alan Foster Conversation For Ball In The Family . Ball is being sued by his former business partner, Alan Foster, who accuses the Big Baller Brand patriarch of embezzling $2.5 million from the company to finance a personal lifestyle. October 17, 2019 11:56 pm ET In the middle of the night on Thursday, Big Baller Brand co-founder Alan Foster debuted his YouTube channel … New Orleans Pelicans guard Lonzo Ball and his father, LaVar, have been countersued by their former business partner, Alan Foster, for fraudulent concealment and … When Lakers star Lonzo Ball was a teenager, Gregory Alan Foster was like a second father. Allen Berezovsky/Getty Images Alan Foster has filed a civil suit against former business partner LaVar Ball, accusing the Big Baller Brand creator … Lonzo Ball is reportedly suing Big Baller Brand co-founder Alan Foster for fraud after allegations that he embezzled $1.5 million dollars. The Alan Foster situation is some time behind us, but the impact it had on Lonzo Ball, LaVar Ball, and the Big Baller Brand remains relevant today. The second-year player told ESPN that the man, Alan Foster, "used his access to my business and personal finances to enrich himself. Lonzo Ball, above, and his company, Big Baller Brand, sued Alan Foster, a co-founder, alleging he conspired to steal millions of dollars from the shoe and clothing line. Alan Foster, Lonzo Ball, Los Angeles Lakers, New Orleans Pelicans. Pelicans guard Lonzo Ball and his father, LaVar, have been countersued by former business partner Alan Foster on allegations of fraudulent concealment and breach of contract. Even as late as 2017, LaVar Ball also said of Foster, “This dude is one of the smartest suckers ever.” Soon the two men founded Big Baller Brand together. Via ESPN Los Angeles Lakers guard Lonzo Ball has severed ties with a co-founder of Big Baller Brand over concerns that the longtime family friend […] Los Angeles Lakers player Lonzo Ball is suing Alan Foster, a long time family friend, and co-founder of the Big Baller Brand. Lonzo Ball Opens Up About The Betrayal From BBB Co-Founder Alan Foster On HBO’s The Shop. Lonzo Ball just shaded the hell outta his old NBA team for trading him this off-season... and also went after his ex-business partner, Alan Foster, in the process. by Landon Buford May 5, 2019, 11:54 am 326 Views 0 Votes. Last month, Lonzo Ball severed ties with longtime family friend and Big Baller Brand co-founder Alan Foster after $1.5 million of Lonzo’s money went unaccounted for. Ever since BBB co-founder, Alan Foster, allegedly stole $1.5 million from the Ball family brand, leading to Lonzo Ball cutting ties with his father’s company, it has been awfully quite around the brand. Lonzo Ball Discussed The Alan Foster … New Orleans Pelicans guard Lonzo Ball and his father, LaVar, have been countersued by their former business partner, Alan Foster, for fraudulent concealment and breach of contract.According to legal documents obtained by The Blast, Foster alleges that LaVar Ball embezzled more than $2.6 million from Big Baller Brand and other… Lonzo Ball is suing Alan Foster, a founder and 16.3 percent owner of Big Baller Brand, according to TMZ Sports. sms. Lonzo is claiming that he conned and swindled the BBB for more than $1.5 million dollars. Specifically, Foster used the Big Baller Brand website to promote his infomercial providing business advice. Many speculated that BBB would not survive the crisis prompted by Foster’s actions. LaVar, however, remained adamant that BBB would live on. A retooled site appeared with a new URL: bigballerbrandinc.com. During the summer Lonzo Ball severed ties with longtime family friend and Big Baller Brand co-founder Alan Foster after Lonzo accused him of stealing $1.5 million that went unaccounted for. This has brought him into conflict with his father, LaVar Ball, who has insisted that Big Baller Brand will survive. send. Big Baller Brand's collapse led to Lonzo Ball suing his former business partner, Alan Foster, six months ago in an effort to recoup more than $2 million.. Now, Foster is countersuing Ball … Lonzo Ball and Foster’s son struck up a friendship as seventh graders. Lonzo Ball was the face of the Big Baller Brand, but now it seems as though that partnership is at a crossroads. Alan held a near 17% stake in the company while Lonzo was the majority holder with over 51% percent leaving just over 30% presumably for LaVar, Melo and Gelo to split. Lonzo Ball is suing business manager Alan Foster. 2 overall pick, because ... Report: FBI investigating Big Baller Brand co-founder Gregory Alan Foster NBC Sports via … email. Big Baller Brand (BBB) is an American company that designs, manufactures, and sells clothing and shoes. Stephen A.: Ball children seem to be distancing themselves from LaVar (1:46) Stephen A. Smith examines Lonzo Ball severing ties with Big Baller Brand co-founder Alan Foster … Foster filed a countersuit for $2.6 million against Lonzo and LaVar in an attempt to clear his name, claiming the Balls embezzled from BBB and Ball … Lonzo Ball's Manager Suspected Of Bilking The Ball Family - Studio City, CA - Big Baller co-founder Gregory Alan Foster is reportedly under investigation for allegedly defrauding Lonzo Ball … Facebook; Twitter; Facebook Messenger; Pinterest; Email; print; New Orleans Pelicans guard Lonzo Ball and his father, LaVar, have been countersued by their former business partner, Alan Foster, for fraudulent concealment and breach of contract.. Related: Lonzo Ball Confronts Girlfriend About ‘Deadbeat’ Jab. Lonzo Ball has fired Alan Foster, a business partner and founder of Big Baller Brand, due to concerns that he has a criminal past and, more pressingly, an enormous sum of … The lawsuit explains that Foster "threatened to expose the Ball family with false information to the public" after being confronted over the missing funds. 4/2/2019 7:15 PM PT. Ball said mom Tina Ball, who had a stroke in February 2017, had watched over the family's finances. Fox Sports. sms. The newest revelation in the scandal has been reported by TMZ Sports. tweet. Foster owns 16.3 percent of the family's Big Baller Brand and also has … Lonzo Ball is suing Alan Foster -- the co-founder of the Big Baller Brand -- alleging the longtime family friend conned them and swindled them out of more than $1.5 million. After having a less than stellar season, the Los Angeles Lakers point guard is looking to resolve a financial matter. Los Angeles Lakers guard Lonzo Ball is suing Big Baller Brand co-founder Alan Foster for allegedly utilizing a "fradulent scheme" … Big Baller Brand broke the net with the launch of the ZO2 Prime shoe - the first signature shoe for Lonzo Ball, but did 5000 pairs sell? Gregory Alan Foster was accused by Ball’s financial planner, Humble Lukanga, of taking money from Big Baller Brand and general mismanagement of the … Plus lost the face of its brand, Lonzo Ball, amid accusations that co-founder, Alan Foster stole approximately $2.5 million from his personal and business accounts. Foster would not show … He played college basketball for one season with the UCLA Bruins, earning consensus first-team All-American honors before the Los Angeles Lakers selected him with the second overall pick of the 2017 NBA draft. Apr 3, 2019. Los Angeles Lakers guard Lonzo Ball has severed ties with a co-founder of Big Baller Brand over concerns that the longtime family friend has a criminal past and also […] LaVar Ball, father to NBA player Lonzo Ball and prospect LaMelo Ball, has asked his sons for money to invest in his Big Baller Brand ... Alan Foster is a … According to reports, Lonzo Ball has sued former business manager and BBB co-founder Alan Foster after being tied to an embezzled $1.5 million. When Lakers star Lonzo Ball was a teenager, Gregory Alan Foster was like a second father.. Lonzo Ball discussed how having a daughter made him realize he has to take more control of his career off the court. Alan Foster, Big Baller Brand co-founder and Ball family business manager, has been fired by Lonzo Ball after $1.5 million from his accounts comes up missing. It was last month when the world first learned that Ball would be splitting with Alan Foster, the co … Former Big Baller Brand partner Alan Foster is turning the tables on the Ball family. Share This Story! Foster’s relationship with the Ball family goes back to at least 2010. Alan Foster says Lonzo will get injured again if he doesn't undergo ankle surgery. Lonzo Ball entered the NBA with a ton of attention – because he was the No. tweet. Los Angeles Lakers guard Lonzo Ball said he no longer is working with a family friend after $1.5 million from Ball's personal and business bank accounts apparently remains missing. Lonzo Ball had another trying season on the basketball court this year, as injuries limited him to 47 games. Lonzo Ball Opens Up About The Betrayal From BBB Co-Founder Alan Foster On HBO’s The Shop. How Many Pairs of Lonzo Ball's Shoes did Big Baller Brand Sell? The past few weeks saw Lonzo Ball fire LaVar’s longtime friend and Big Baller Brand co-founder Alan Foster, distance himself from the company, … Few can imagine what Lonzo Ball is going through in the wake of his decision last week to sever ties with Alan Foster, co-founder of Big Baller Brand and … In the middle of the night on Thursday, Big Baller Brand co-founder Alan Foster debuted his YouTube channel and gave his account of what happened between him, LaVar Ball and Lonzo Ball, who are suing Foster for alleged money laundering. This is the first time Foster has spoken about the situation publicly. I’m pretty sure Lonzo initially funded the Big Baller Brand. News broke out Friday that Lonzo has severed ties with Alan Foster, a long-time friend of LaVar Ball and co-founder of Big Baller Brand, due to his … The news of Alan Foster’s alleged fraud that might have cost the Balls $1.5 million has led to an FBI investigation , a lawsuit, the family’s Big Baller Brand going dormant and the highly symbolic covering up of a tattoo. Through it all, Lonzo Ball has appeared to move toward independence as his family business publicly struggles. Alan Foster, Lonzo Ball, Los Angeles Lakers, New Orleans Pelicans. Let friends in your social network know what you are reading about Lonzo, LaVar Ball countersued by former Big Baller Brand business partner Alan Foster New Orleans Pelicans guard Lonzo Ball and his father, LaVar, have been countersued by Alan Foster, their former business partner in Big Baller Brand. Ball told ESPN that Foster “used his access to my business and personal finances to enrich himself. 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